When wrapping, the author sets a transfer’s fee. This fee goes back into the contract, and a percentage (royalty) is paid to the author of the wrapped token.
What makes Envelop special
Protocol
wrapps collateral, distributes royalties, adds value from transactions to the wrapped collateral
Oracle
monitor the transactions of NFTs, filter spam transactions and increase the value of NFTs, depending on the transactions performed.
Index
monitors the market activity from different sources, providing an objective picture of the market in real time. Real NFT 2.0.
Use case
You can create an NFT on ENVELOP, wrap it with collateral and sell. The transfer will be registered by the oracle, and the protocol will put a share of the money paid on the transfer into the wrapped collateral, elevating the NFT’s value.
The index will register the transfer and will reflect it in its market statistics for everyone to see.
Partners
Team
We are decentralized team gathered to deliver ENVELOP solutions. Basing on principles of WEB3 we unite people from all over the world to contribute for the whole industry.
Questions & Answers
This could be wrapped bitcoin (wBTC and others), ERC-20 and/or BIP-20 tokens, cryptocurrencies of various types, etc. The Protocol is initially built on the Ethereum blockchain (including via the L2 layer — e.g. Polygon) and BSC, but in the future (see Roadmap) it is planned to create implementations on Flow, WAX, Solana, Polkadot, Cosmos, Avalanche and other DRS, because we are deeply convinced cross-chain is the future of all decentralised and distributed systems. Exactly the same applies to second and subsequent layer solutions. ENVELOP likewise supports multiple token standards, including such less frequent ones as Atomic DSS, R and DS token standards.
Achievements
The World’s 1st wINO
Envelop made history when it became the 1st project to do a wrapped Initial NFT Offering. The first ever wINO was completed on the Envelop launch pad on October 20, 2021.
The Worlds 1st VC contribution via SAFT (Safe Automated Future Tokens) wNFT
On November 11, 2021, ENVELOP enabled the 1st ever Venture Capital distribution via wNFT.
The Worlds 1st L3 liquidity provider via wNFT
The ENVELOP Oracle is a 1st of its kind, allowing anyone or anything to become a Liquidity Provider, with the Oracle itself being any smart contract that implements the defined functions.
The Worlds 1st farming via wNFT
DAO ENVELOP is the creator of the farming approach by which one can lock in liquidity in different tokens and coins, gaining rewards for doing so, but also have wNFT to sell on the secondary (OTC/DEXs) market.
Support from Animoca Brands
Renowned venture capitalist investors Animoca brands have backed Envelop’s wNFT technology.
Top-10 at Binance Russia Hackathon
55 teams took part in the hackathon. ENVELOP was acknowledged as top 3 project and took part in a private presentation to Binance Global.
Grant from Rarible
At Binance Hackathon Russia 2021, ENVELOP was given a grant by Rarible in the category «MVP functionality». The grant was awarded on 27.04.2021.
ENVELOP MVP in a video
Grant from Polygon
Polygon gave a grant to ENVELOP for the implementation of the ENVELOP protocol to the Polygon network. The grant was awarded on 25.06.2021.
Grant from Swarm
ENVELOP received a grant from Swarm to further develop Envelop with Swarm’s technology, integrating ENVELOP’s proprietary technological system into SWARM’s peer-to-peer networked node system. The grant was awarded on December 17, 2021.
Grant from Harmony
Harmony awarded Envelop a grant to build their wNFT technology on their Testnet. The $50,000 grant was awarded at the end of 2021.
Grant from Near
Near also awarded Envelop with $50,000 grant to build their wNFT technology. Near will also act as a consultant in search of new partnerships and collaborations for ENVELOP. The grant was awarded on January 11, 2022.